WILMAR INTL

WILMAR INTL - 29th July 2017

Wilmar Intl from TA point of view is on a down trend mode. Currently, price is being traded in a consolidated zone.
A breaking down of $3.27 may smell trouble as it may subject to further selling down pressure.
Once $3.27 has been taken down. I think it may likely continue to trend lower to test $3.20  then $3.10 with extension to $3.00.

( trade base on your own decision)

Sunningdale Tech

Sunningdale Tech - 29th July 2017

I have roughly worked out the EPS DCF value for Sunningdale Tech of which I have derived the Fair value of $2.944 .
CAGR - 22.39%
Discount Factor - 12%
Current share price - $2.00
Net Cash Per share - 50+ cents.
Total Equity 188+m

EPS (diluted) 17.5 cents.

PE 11.4x

Industry average PE of 14.4x

Lets put in a further discount of 15% base on the computed fair value of $2.944, the discounted EPS fair value is $2.50.

At least we can still see another 25% upwards move towards the fair value of $2.50 from the current price of $2.00/

Not a call to Buy or Sell.
Dyodd
( trade base on your own decision)

BreadTalk

BreadTalk - 27th July 2017

BreadTalk had a very nice white thrust bar appeared on the Chart today which is rather bullish.
Although the volume bar is not that high. We would prefer to see a higher volume that will be augur well for the stock price to trend higher.

Short term wise, I think it may likely pull back.

If it is able to re-conquer the recent high of 1.73 then we may see it rises higher towards 1.80 then 1.90 .
( trade base on your own decision)

DBS

DBS - 27th July 2017

DBS has a very nice uptrend move today and managed to conquer the previous high of 21.95 and close well at 22.25. Couple with high volume , this is rather bullish.

Similar patterns are also being happened for Ocbc & Uob. Bank counters are driving the STI higher and higher.

Same goes for property counters.

Short term wise, i think DBS like to test 23 dollars then 23.50 with extensiton to 24.00.
( trade base on your own decision)

Ocbc

Ocbc - 21st July 2017

looks like we are having a Downtrend Reversal being played out for Ocbc counter.
Similar patterns being presented on Dbs & Uob.

Short term wise, I think likely to trend lower towards 10.80.

( trade base on your own decision)

Bullish patterns for Long

Bullish patterns for Long

These are the few counters that it might be good to take a look and analyse for further Trading Long.

Venture
YZJ
KSH
Hi-P
CAO
Memtech

Semb Marine
Sembcorp ind

dyodd

( trade base on your own decision)

Gap Analysis

Gap Analysis

The important concept to take note:-

Experience traders buy after a wave of selling has occurred.

They sell after a wave of buying has occurred.

In-experience traders do the exact opposite! 

If a stock gaps up after a wave of buying has already occurred, these could be investor/in-experience trader buying the stock - it might be an opportunity to short.

If a stock gaps down after a wave of selling has already occurred, these could be investor/in-experience trader selling the stock - it might be an opportunity to go long.

China Sunsine

China Sunsine - 21st July 2017

China Sunsine had a nice run-away gap up from 81 cents to 91.5 cents.
NAV 58.5 cents.
EPS 9.4 cents.
PE 9.4x

From TA point of view it is rather bullish.
Short term wise, i think it may likely retrace a little and then re-capture the recent high of 91.5 cents.
Crossing over of 91.5 may see it rises higher towards 95 then 1.00 with extension to 1.10.
( trade base on your own decision)

JAPFA

JAPFA - 20th July 2017

I have roughly worked out the EPS DCF value of $1.182 using diluted EPS for past five years.
EPS CAGR - 23%
Discount Factor -10%
FV - diluted EPS of 6 cents for year 2017
PV - diluted EPS of 2.6 cents for year 2013

Lets further put in another 20% discount on $1.182 . We can roughly derive the EPS DCF value of $0.945.

Short term TP of 75-80 cents ..

TA wise also looking quite good as it has a strong recovery movement from the low of 51 cents on 15th May 2017 and risen to a high of 69.5 cents.Short term wise , it is rather Bullish.

NAV $0.496
Rolling PE - 8.42
Dividend yield of 1.46%


dyodd

(Trade base on your own decision)

M1

M1 - 15th July 2017

M1 after hitting the high of $2.31 on 17th May 2017, it has since retreated lower and went down to touch $2.03 on 14th July 2017. This is rather Bearish.

The closing price of $2.05 is hovering below all the SMA lines. This signify weakness and it may continue to go lower .

It has broken the lower TR and it not taking a breather before setting the next movement.
If $2.03 cannot hold then it may see further selling down pressure towards $1.965.
I think this could be a shorting candidate once $2.05 support has been broken down.

I think bargain hunter may come in to support around $1.95-$1.97.
Dyodd .

(trade base on your own decision)

FOOD EMPIRE

FOOD EMPIRE - 7th July 2017

FOOD EMPIRE after hitting the high of 78 cents on 25th May 2017, it has since corrected and trend lower to touch 63 cents. Currently, is still on an uptrend mode direction.
looks like we may see a bounce-off from here any moment .

Short term wise, it may move up to test 70 cents with extension to 77 cents.
Entry price - 63 cents.
TP 77 cents.
( trade base on your own decision)

NAV of US$0.30 = S$0.42
EPS for last year is 3.8 cents.
PE is about 17x at current price of 64 cents.

ROE is about 10.5% seems quite good.
Net profit margin is about 6.5% . Not too bad.

Cash flow seems positive.

Recent share buy back by directors :
I think is 65 cents & 56 cents.

Looking at 1st Qtr result of EPS 1.18 US cents =  2.5 cents. Estimate the whole year EPS of about 5.5 cents . Let says a PE of 17x would be arriving a TP of 93.5 cents.
I think Super Group was having a EPS of about 4 cents. It was being bought over at $1.30 which is translating an PE of 32.5x.

DYODD
(trade base on your own decision)

Smart Investing idea

Smart Investing idea/method:

1. Buy only somethings that you are familiar with the businesses that the companies that you are going to invest.

2. Don't buy base on tips or impulse!

3. The company must be profitable . Giving at least 2% dividend yield. 
Return On Equity (Net income/total no. Of equity)must be above 8 %, and within max 20%. PE not too high( base on industry average PE).

4. * Cash flow level must be in the pink of health. If not the company may not sustain even if the financial result is showing Hugh profit.

5. Look at their debts level. Debts ratio is often referred to equity to debt ratio.This measure refers to company finance its operations vs. its amount of available For example, a business that has accumulated $50 million in debt and has $200 million in assets has $250 million in available capital. The debt ratio in this example will be .20 or 20percent ($50 million divided by $250 million equals .20). 
When a company approaches 1 to 1 things can become very worry some. It depends on which sector//industry . 
Not sure what is the acceptable equity to debt ratio.

6. Good management. Well established company name/brand.

7. Net Profit/Income Margin - preferable above 10% - 20% ( good profit margin).

Few stock counters being selected for smart investing are for example :

QAF - famous for wide range of Gardenia breads, Australia Airport.Dividend of 5 cents, yield 3.913%

Sheng Siong - local super market. yield of 3.8% ( dividend of 3.8 cents) 

Thaibev - F& B , Thai Beer, Tigher Beer etc.dividend 2.4 cents. yield 2.65%.

Netlink IPO - 4.75 - 5.5%..

Dyodd.

(trade base on your own decision)